Lagos State Unveils Plan to Tokenize Real Estate to Increase Revenue
The Lagos state government in Nigeria has embarked on an innovative journey to tokenize real estate using blockchain technology. This initiative aims to enhance transparency, streamline property transactions, and significantly…
Nasdaq Seeks Regulatory Approval to List Options for Spot Ethereum ETFs
Nasdaq has officially approached U.S. regulators with a proposal to allow options trading on spot Ethereum exchange-traded funds (ETFs), according to a regulatory filing dated August 6. This request specifically…
Crypto Investment Products Lose $528M Due to Recession Concerns, Reports CoinShares
A new report by CoinShares highlights a troubling trend in the cryptocurrency market, with significant capital outflows recorded last week, pointing to growing investor anxiety. These outflows coincide with increasing…
Global Market Downturn Leads to Over $1 Billion in Crypto Liquidations
On August 5, the cryptocurrency market experienced a steep decline, contributing to significant financial losses for investors and traders. This downturn was largely influenced by the global economic slowdown and…
Bitcoin Falls Below $50K as Crypto Market Sees 17% Decline
Bitcoin’s price has recently dipped below the $50,000 mark for the first time since February, touching a low of $49,351 before showing signs of recovery toward the $51,000 level. This…
$500 Billion Vanished: Crypto Experiences Its Largest Three-Day Decline in a Year
The cryptocurrency market has just undergone its most drastic three-day sell-off in nearly a year, erasing approximately $510 billion in total market capitalization since August 2. This significant downturn in…
Ethereum at Critical Support Level, Risk of Falling Below $2,800 Looms
Ether, the second-largest cryptocurrency by market capitalization, is currently perched precariously at a vital support level. Crypto traders are closely monitoring this situation, as a failure to maintain this support…
Nigerian Cryptocurrency Advocates Demand Regulatory Reforms During Protests
Amidst the ongoing #EndBadGovernanceInNigeria protests, the Nigerian cryptocurrency community is advocating for the inclusion of specific industry demands. The movement, aimed at addressing a wide range of governance issues, presents…
Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America
Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…
UAE Residents to Trade Cryptocurrency Directly Through Bank Accounts
Crypto exchange M2 has launched a groundbreaking service that allows residents in the United Arab Emirates (UAE) to directly buy and sell major cryptocurrencies—Bitcoin and Ether—using their local bank accounts.…
Bitcoin Hits 16-Month High in Positive Sentiment as Price Approaches $68K
Bitcoin’s recent price surge has significantly impacted trader sentiment, reaching levels not observed in 16 months. Data from Santiment, a firm that monitors social media sentiment, highlights a notable shift…
Upcoming Half of 2024 Predicted as Ethereum’s Most Bullish Phase Due to Ether ETFs, Expert Claims
As the Ethereum ecosystem gears up for a potentially transformative period, the anticipated introduction of the first spot Ether exchange-traded funds (ETFs) could herald its most bullish phase yet. According…
Crypto Analysts Criticize OKX’s Departure from Nigeria
The exit of the cryptocurrency exchange OKX from Nigeria has sparked significant backlash among local cryptocurrency analysts and stakeholders. This move has raised concerns about the impact of the Nigerian…
Nigerian Court Issues Arrest Warrant for Prison Doctor Amid Health Concerns for Detained Binance Executive
Justice Emeka Nwite of the Federal High Court in Abuja has escalated the legal proceedings involving a Binance executive’s health concerns by issuing a bench warrant for Dr. Abraham Ehizojie,…
Nigerian Authorities Detain Prominent Crypto Figure in Fraud Enforcement Sweep
On July 17, the Nigeria Police Force announced the arrest of Linus Williams, a well-known figure in the Nigerian cryptocurrency scene, who goes by the moniker BLord. The Force Public…
Blockchain Venture Funding in Africa Falls 74% in First Half of 2024, According to CV VC Report
In the first half of 2024, Africa saw a significant decline in blockchain venture funding, with investments plummeting by 74% compared to the same period in 2023. This stark downturn…
Users Can Now Try iOS 18 and More as Apple Releases Public Betas
Apple has launched public betas for iOS 18, macOS Sequoia, iPadOS 18, watchOS 11, and tvOS 18, providing users early access to the upcoming features across its devices. The iOS…
Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows
The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…
Ethereum Surpasses $3,300, Anticipated ETF Approvals Could Fuel Further Gains
As the financial world stands on the precipice of a significant shift, Ethereum (ETH) has witnessed a remarkable price increase, surpassing the $3,300 mark. This surge comes in anticipation of…
Bitcoin Whales Snapped Up $4.3B of BTC Amid Price Slump
Bitcoin whales took full advantage of the crypto market slump earlier this month, accumulating 71,000 Bitcoin amid the fastest rate of Bitcoin stacking since April 2023. Significant Accumulation During Market…